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Lean Six-Sigma – Statistical inference and binomial distribution

The binomial distribution

This is the fourth in a five-part series on the binomial distribution.

You have seen how to calculate a binomial distribution. In the general case, the distribution informs about the likelihood of… 130 more words

Operational Excellence

Lean Six-Sigma – Statistical inference and binomial distribution

Calculating Probabilities

This is the third in a five-part series on the binomial distribution.

The number of paths that lead to a bin, out of the total number of possible paths, determines the frequency of landing there. 349 more words

Operational Excellence

Lean Six-Sigma - Statistical inference and binomial distribution

Galton’s Board and Central Limit Theorem

This is the second in a five-part series on the binomial distribution.

The Gaussian distribution is so ubiquitous in statistics, that we refer to it as the ‘normal’ distribution. 538 more words